Why a DIY Will Isn’t Enough – Expert Estate Planning Advice

The threshold requirement for determining who is eligible for contesting a Will is eligibility.

For a Will to be formally valid in Victoria it must be executed in accordance with the requirements of the Wills Act.

In order to plan for incapacity it is important to have a well drafted Enduring Power of Attorney (“EPA”).

Choosing guardians for your children is an important decision that requires careful thought and

consideration. Here are some steps you can take to make this decision:

A letter of wishes in estate planning is a powerful supplementary document that can provide context, guide executors and help to make sure your intentions are understood.

A Power of Attorney (POA) is a legal document that allows someone to make decisions on your behalf. In Victoria, there are different types of powers of attorney, each serving a specific purpose.

Discover some reasons why you might need a power of attorney in Victoria.

The sole drawback of being a guardian to a companion animal is that our time together always feels too short. One of the most challenging and sobering realizations is that our beloved pets may outlive us, necessitating someone else to care for them.

Superannuation, often referred to as super, is an essential part of financial planning for many Australians. However, what happens to your super when you pass away? In this guide, we'll delve into the intricacies of superannuation death benefits, helping you understand how they work, who can receive them, and the tax implications involved.

A testamentary trust is a legal arrangement that is established through a will, serving as a versatile tool for estate planning. Unlike a traditional will, where assets are typically bequeathed directly to individual family members, a testamentary trust will involves leaving assets to a trust entity, with designated beneficiaries who are usually family members.

The loss of a loved one is a challenging time for most people. Taking on the role of executor adds an extra layer of difficulty that you may find overwhelming during this time. Below we set out the steps involved in acting as executor. Our compassionate lawyers are also here to help at any time.

Estate planning isn’t ‘set and forget’ or something that you do once. In our latest blog we dig into the key reasons why you might reconsider your estate plan, such as marriage, divorce, changing roles and financial shifts. In this blog you can learn why adapting your estate plan when life changes is crucial for securing your legacy.

Contesting a Will can be a challenging and difficult process, making the assistance of a compassionate lawyer invaluable. In this article, we delve into the obstacles that can emerge for families concerning Wills. These challenges range from disagreements over the designated inheritance amount to addressing accusations of undue influence and investigating breaches of fiduciary duty.

Discover the untold stories of iconic figures who overlooked a vital aspect of estate planning: creating a Will. Join us as we unravel the stories of Stan Lee and other famous people who left no legal directives, leading to contentious battles over their estates. Delve into the tumultuous aftermath that followed their passing in this revealing blog post.

Discover the importance of life insurance and why everyone should have it. Our guide explains how life insurance offers financial security, covers outstanding debts, and ensures a bright future for your loved ones. Find peace of mind knowing you've protected their well-being. Read more now!

While there may not be inheritance tax in Australia beneficiaries of deceased estates still need to consider the tax obligations on the assets that they inherit.

Traveling the world, exploring new cultures, and experiencing adventures is a dream for many people. While these adventures can be exciting and life-changing, they can also come with risks.

In the realm of estate planning and superannuation, there is often confusion surrounding whether superannuation can be dealt with in your Will. This blog aims to clarify the matter and provide insights into the significance of Binding Death Benefit Nominations (BDBNs). Discover how you can have control over the distribution of your superannuation funds to your chosen nominees.

When there is more than one purchaser, whether it is a married couple, siblings, or friends, it is very important to ensure that the type of ownership structure that you have is the right one.

Going through a separation or divorce is a highly stressful time for most people. It can feel like your life has been turned upside down. On top of that there are loads of administrative tasks to attend to. While it can feel overwhelming it’s important to move through it and one of the most important things to attend to is updating your Estate Plan.